American Airlines Group Inc. (NASDAQ:AAL)has cancelled a route as a result of the Boeing 737 Max grounding signaling how disruptive the situation has become. Starting July 6, American Airlines AAL, -2.10% will no longer operate one daily flight between Oakland International Airport in California and Dallas/Fort Worth International Airport in Texas, a company spokesperson confirmed to MarketWatch. American Airlines expects to suspend this route through Sept. 4.
insider ownership percentage is the key indicator, can be used by investors, to
measure the outlook of senior management has on their company. Insider
ownership for the AAL is 1.10%. Institutional ownership refers to the ownership
stake in a company that is held by large financial organizations, pension funds
or endowments. The Institutional ownership for the AAL is 80.90%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that AAL. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the American Airlines Group Inc. (NASDAQ:AAL) is 2.26%.
Institutional transactions is the amount of a American Airlines Group Inc. (NASDAQ:AAL)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the AAL is -2.69%.
A Services sector firm, American Airlines Group Inc. (NASDAQ:AAL) stock slumped -2.10% on Tuesday and when day-trade ended the stock finally concluded at $32.19 and number of shares that changed hands during the day are 4.76 Million. The number of shares AAL stock currently held by all its shareholders are 451.95 and floated shares, the number of shares are available for trading in an open market on last trading day are 440.36. The average volume of shares for 3 months is 6163.94 and AAL stock value has moved between $27.05 – 44.1 in last one year.
The American Airlines Group Inc. (NASDAQ:AAL)’s latest earnings date is 7/26/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for American Airlines Group Inc. (NASDAQ:AAL) is 60.50% and the profit margin is 3.20% and the stock has gained 0.25% in 2019 to date.
American Airlines Group Inc. (NASDAQ:AAL)’s monthly stock performance is 18.35%, the quarterly performance is -2.42%, the half year performance is calculated as 0.25%. The yearly performance of AAL is -15.20%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The American Airlines Group Inc. (NASDAQ:AAL) weekly volatility is measured as 2.93% and monthly volatility measured as 3.21%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. AAL return on assets is 2.50%, the return on equity (ROE) of the American Airlines Group Inc. (NASDAQ:AAL) is -251.60%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and AAL return on investment is 9.00%.
The price to earnings ratio is 10.54, price to sales ratio is 0.33, price to cash per share ration is 3.35.
Analysts mean target price for American Airlines Group Inc. (NASDAQ:AAL) is $40.61 while analysts mean recommendation is 2.10. The current share price indicates that stock is -26.66% away from its one year high and is moving 19.13% ahead of its 52-week low. AAL’s distance from 20 day simple moving average is 1.68% and distance from 50-Day simple moving average is 1.01%.